Anyone Buying Into Today's Dip?

[ownyourfuture]

In my taxable account, started a small position in ARK Innovation ETF (ARKK) & Beyond Meat (BYND)
Added shares of Honeywell (HON)

IRA & HSA: Added shares of Innovator S&P Preferred ETF (EPRF)

 

[Car-Guy]

I'm buying again today (right now) with the market down over 650..... Not a lot but a little over 100k worth and all big name companies.

 

[aja8888]

I'm hoping my XOM Puts get put to me at $76 as I'd like to pick up 300 shares at that price. But they seem to be hanging around $78. The options expire tomorrow.

Otherwise, sitting still.

 

[Fermion]

Eek, it is a pretty big drop today and Russia has not even invaded yet.

I'm gonna sit over here on the sidelines and see how things play out. Monday is a holiday, market closed.

 

[aja8888]

Eek, it is a pretty big drop today and Russia has not even invaded yet.

I'm gonna sit over here on the sidelines and see how things play out. Monday is a holiday, market closed.

Maybe the Russians are waiting until this weekend as to not spook the markets until Monday?

 

[stephenson]

ARKK at 68 …

PLTR at 12 ...

Didn't get DM at 4, though.

 

[joesxm3]

I added some today. GOOG and PLTR, and small amounts of SPY, MSFT, ARKK and ARKG. Not much compared to most of you here, but enough to make my afternoon exciting.

I sold 2 put contracts each of PLTR 13 and 12, but I closed the 13 contracts just now since I had bought several shares already today. I won't mind if the 200 at 12 get assigned tomorrow.

Aside from the upcoming 20x1 split on GOOG, I like the fact that Alphabet owns 7.5% of SpaceX.

 

[W2R]

As always, I'm just sitting on the sidelines, neither buying nor selling, which in the past has worked out reasonably well for me from a financial point of view.

Instead I'm watching both the market and the Ukraine situation. To me these topics are fascinating and much more interesting than watching TV/movies. Reminds me of 1959, when I was 12 and totally absorbed in watching the Bay of Pigs crisis unfold. I never regretted taking the time to do that. When this is all over, I will look back on the experience and think, "Wow!!!".

As any soap opera fan will tell you, "These are the Days of our Lives!".

 

[VanWinkle]

Still waiting to hit my re-balancing band. Slow to get there due to both stocks and bonds moving downward. I'm patient though, so my time will come.

VW

 

[NW-Bound]

I sold some Feb 25 OTM put contracts to buy back some shares that I "lost" via covered calls last week. The strike prices are the same as what I sold them at. The total value of the shares is 1% of portfolio.

 

[ExFlyBoy5]

I can always tell if the market has taken a good hit on a certain day when this thread pops back up on "new replies"

 

[tmm99]

I can always tell if the market has taken a good hit on a certain day when this thread pops back up on "new replies"

+1 It's a good barometer.

 

[Fermion]

I can always tell if the market has taken a good hit on a certain day when this thread pops back up on "new replies"

It is a more interesting thread than the "my house has gone up another million in value" one.

 

[Chuckanut]

Eek, it is a pretty big drop today and Russia has not even invaded yet.

I'm gonna sit over here on the sidelines and see how things play out. Monday is a holiday, market closed.

Remember the Iraq war/invasion. Stocks dropped for quite a while. The week after the war started the market rallied big time. Or does my memory deceive me?

 

[joesxm3]

Remember the Iraq war/invasion. Stocks dropped for quite a while. The week after the war started the market rallied big time. Or does my memory deceive me?

The first Gulf War was the day I bought my first equity.

I had no idea what I was doing, but I did not want to wait until market close to buy a mutual fund.

I just thought to myself "who uses a lot of gasoline", spun the dial, and came up with FEDEX.

Back then you had to call up on the phone to buy a stock. The lines were overloaded but I managed to put my order in. The next day when I checked, they had made a mistake and put my order in twice. When I complained, the said, why do you care, it went up . . .

 

[RetiredAt49]

I’m sticking with the math + historical data, which says there’s never been a 15+ year period in history where a 100% equities portfolio had a negative return. I’m 49 years old and in 100% equities and plan to stay there indefinitely.

 

[Archman]

I may have to change my swing trading strategy. I'm being whipsawed back and forth.

 

[Qs Laptop]

Added some ROKU today. This stock will bounce back.

 

[Car-Guy]

I may have to change my swing trading strategy. I'm being whipsawed back and forth.

Yes, it's been a heck of a ride...

 

[FREE866]

I’m sticking with the math + historical data, which says there’s never been a 15+ year period in history where a 100% equities portfolio had a negative return. I’m 49 years old and in 100% equities and plan to stay there indefinitely.

Yep. And the overwhelming majority of 15 year periods show significant growth of the portfolio.

 

[NW-Bound]

I may have to change my swing trading strategy. I'm being whipsawed back and forth.

I have had too many OTM put contracts getting assigned. As much as I love stocks, I still like to keep a 7-figure cash stash.

Been itchy to get to write OTM calls for a change, but how can I with the market as lousy as this? I did have some OTM calls getting in-the-money, and the shares shot up out of sight.

Darn! I don't like it when I am forced to buy stocks that keep going down, and to sell stocks that keep going up, but that's the peril of selling options.

 

[aja8888]

All the puts I sold last week that expired today were all above the strike price!

 

[NW-Bound]

OK, lemme count the ones expiring today. All these were OTM when I sold.


Calls expiring worthless: 14 contracts
Calls expiring in-the-money (making me sell): 5 contracts

Puts expiring worthless: 6 contracts
Puts expiring in-the-money (making me buy): 3 contracts

Option premium collected YTD: $30,101.

 

[aja8888]

OK, lemme count the ones expiring today. All these were OTM when I sold.


Calls expiring worthless: 14 contracts
Calls expiring in-the-money (making me sell): 5 contracts

Puts expiring worthless: 6 contracts
Puts expiring in-the-money (making me buy): 3 contracts

Option premium collected YTD: $30,101.

Nice! I tried to get more XOM thru a $76 put but it didn't close that low.

I my just have to buy it next week. The other stocks I did not get thru the put were JNJ, F, OKE, and FCX. I'll sell more puts on those stocks next week.

 

[Montecfo]

I nibbled on some beaten-up big tech today near the close. Got some good long-term buys.